Question
The ratio of the cost price and marked price of an
article is 8:13, respectively. The article is sold after giving a discount of Rs. 600 such that there is a profit of 25%. Find the amount by which the article is marked up above its cost price.ĀSolution
Let the cost price and marked price of the article be Rs. 8x and Rs. 13x, respectively Therefore, selling price of the article = 1.25 Ć 8x = Rs. 10x According to the question, 13x ā 10x = 600 Or, x = 600/3 = 200 Therefore, amount by which article is marked up above its cost price = 13x ā 8x = 5x = Rs. 1000
Under Section 3 of the PMLA, which of the following is primarily defined as the offence of money laundering?Ā
Which of the following is a primary rule of interpretation used by courts while construing statutes?
How can an arbitration agreement be formed according to the Arbitration and Conciliation Act, 1996?
The doctrine of āRes Gestaeā is incorporated under which section of the Indian Evidence Act, 1872?
Under the RTI Act, 2005 which of the following does not fall within the category of exemption from disclosure of information?
What is the meaning of the term āCodex Alimentariusā?
According to Indian Partnership Act, 1932 Which of the following best describes a partnership?
Where a Central Public Information Officer or a State Public Information Officer, as the case may be, intends to disclose any information or record on ...
What is the minimum duration that a trading plan must cover as per the provisions of SEBI (Prohibition of Insider Trading) Regulations?
Section 10 of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013, deals with which of the fo...
